v3.26.1
EMPLOYEE BENEFITS
 6 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
EMPLOYEE BENEFITS

 

14. REVENUE

 

The following table disaggregates the Group’s revenue by major sources:

 

   RMB   RMB   USD 
   Six Months Ended March 3l, 
   2025   2026 
   RMB   RMB   USD 
Engineering solutions of intelligent projects   97,860,980    120,264,552    17,434,699 
Operation and maintenance of intelligent projects   4,303,976    3,682,377    533,833 
Sales of equipment and materials of intelligent systems   10,290    345,882    50,142 
Total   102,175,246    124,292,811    18,018,674 

 

The following table summarizes the Group’s revenues recognized at a point in time or over time:

 

   RMB   RMB   USD 
   Six Months Ended March 3l, 
   2025   2026 
   RMB   RMB   USD 
Revenue recognized at a point in time   10,290    345,882    50,142 
Revenue recognized over time   102,164,956    123,946,929    17,968,532 
Total   102,175,246    124,292,811    18,018,674 

 

Revenues with amount of RMB255,740 and RMB844,757 were recognized in the six months ended March 31,,2025 and March 31,2026, respectively, which were included in the balance of contract liabilities at the beginning of each year. Remaining unsatisfied performance obligations that will be recognized as revenue by the Group within the following 12 months are RMB18,048,402 and RMB36,541,289 of the remaining performance obligations as of March 31, 2025 and 2026, respectively, with the remainder recognized thereafter.

 

 

15. EMPLOYEE BENEFITS

 

Full time employees of the Group in the PRC participate in a government mandated defined contribution plan, pursuant to which certain pension benefits, medical care, employee housing fund and other welfare benefits are provided to the employees. Chinese labor regulations require that the PRC subsidiaries make contributions to the government for these benefits based on certain percentages of the employees’ salaries, up to a maximum amount specified by the local government. The Group has no legal obligation for the benefits beyond the contributions made. Total amounts of such employee benefit expenses, which were expensed as incurred, were approximately RMB621,329 and RMB565,612 for the six months ended March 31, 2025 and 2026, respectively.